Classifications

Classifications are defined and assigned to Assets .

Main Classification contains the following information:

Fields	Description
Description	A brief description on the Class of Assets, for example, Land, Furniture, Motor Vehicle etc.
Rule	The depreciation rule that applies to the Asset during Depreciation Processing.
GL	GL Account Codes that affect an asset when it is Depreciated, and when an activity takes place.
Notes	Detailed description of this Classification .
Void	You may Void a classification that has not been used in the system.

Additional Books contain the following information:

Fields Description

Book
Additional Book depreciation that applies to the Asset during Depreciation Processing.

Rule
The depreciation rule that applies to the Asset during Depreciation Processing.

Void
You may Void an Additional Book that has not been used in the system.

Fields	Description
Book	Additional Book depreciation that applies to the Asset during Depreciation Processing.
Rule	The depreciation rule that applies to the Asset during Depreciation Processing.
Void	You may Void an Additional Book that has not been used in the system.